Solana validators approve faster disinflation with 67% vote after Kraken switch

Verifying
  • Solana validators approved doubling the network’s disinflation rate after late support from Kraken and Galaxy Digital.
  • 18.9 million SOL will be removed from planned six-year issuance, worth about $2.2 billion at $117.
  • SIMD-0550 must be activated before the revised issuance schedule takes effect.
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